The coronavirus pandemic will end the era of compulsive consumerism and the struggling wool textile sector must use the crisis to completely overhaul itself.

That was the blunt message given to the International Wool Textile Organisation's first digital congress by Giovanni Schneider from the Schneider Group, a major global trader and first-stage processor of wool and other natural fibres.

Speaking during a session on the market outlook for wool, Mr Schneider said COVID-19 had opened people's eyes to the environmental damage being done by the fashion industry.